AGL acquires Brisbane boiler firm to service major customers in QLD 

07 April 2010

AGL Energy Limited (AGL) has acquired a Brisbane-based boiler and thermal service business, Boilerland Pty Ltd, which provides services to many of AGL’s major customers in both Queensland and Australia’s southern states.

Boilerland has operated for 23 years and specialises in programmed maintenance and the manufacture of reconditioned and new steam boilers as well as commercial and industrial hot and warm water systems.

AGL’s Head of Carbon Management Services (CMS), Marc Barrington, said the acquisition would enhance AGL’s ability to provide an expanded range of services to its major customers across Australia.

“AGL’s acquisition of Boilerland will complement our existing ability in the southern states to service the industrial and commercial market in combustion and boiler servicing and optimisation,” Mr Barrington said.

“Their boiler business is national and this will allow our southern-based technicians to engage in additional installation and service.”

The business, to be known as AGL Boilerland, has serviced many of AGL’s Queensland-based major customers and has equipment installed on customer’s sites in NSW, Victoria, South Australia and the ACT.

“AGL Boilerland will also provide a unique offering to our customers through its emergency boiler hire service. This will enable our customers to hire boilers at short notice providing an essential back up in times of need allowing our customers to continue their processes with minimal interruption in times of extended breakdown.

“The acquisition will provide a local technical delivery capability that will support the development of deeper customer relationships through the provision of additional services.

“Boilerland’s boiler manufacturing capabilities will give AGL an opportunity for embedded asset ownership of large scale boiler plant nationally.”

AGL Boilerland will sit within AGL’s CMS business, which provides services to AGL’s Major Customers and beyond as part of our integrated sales and service strategy.

Further inquiries:

Nathan Vass, Head of Media
Direct: + 61 2 9921 2264
Mobile: + 61 (0) 408 040 133
e-mail: nvass@agl.com.au

Karen Winsbury, Senior Media Adviser
Direct: +61 3 8633 6388
Mobile: +61 (0) 408 465 479
e-mail: kwinsbury@agl.com.au

About AGL
AGL is one of Australia's leading integrated energy companies and is taking action toward creating a sustainable energy future for our investors, communities and customers. Drawing on over 170 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has Australia's largest retail energy and dual fuel customer base. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is Australia's largest private owner and operator of renewable energy assets and is looking to further expand this position by exploring a suite of low emission and renewable energy generation development opportunities.